Hongkong'S Clothing Retail Sales Value Fell 4% In November

Compared with the same period last year, the first eleven months of this year Retail Total sales value increased by 0.2%.

According to the analysis of the main selling value of retailers from high to low, the sales value of department stores increased by 4.9% in November compared with November last year. Followed by supermarket goods (sales value increased by 3.5%); drugs and cosmetics (up 10.3%); food, alcoholic beverages and tobacco (up 10.2%); miscellaneous consumer durables (up 35.4%); electrical and photographic equipment (up 3.8%); automotive and automotive parts (up 2.1%); footwear, related products and others. clothing accessories (increased by 6%); furniture and fixtures (up 9.6%); books and newspapers, stationery and gifts (up 5.6%); Chinese medicine (up 4.3%); and optical stores (up 2.2%).

On the other hand, compared with the same month last year, the value of sales of jewellery, clocks and precious gifts fell by 2% in November this year. Followed by clothing (sales value fell by 4%); other unclassified consumer goods (down 2.2%); and fuel (down 4.4%).

A government spokesman pointed out that in November Retail sales The annual growth recorded a rebound. Consumer sentiment has gradually stabilized, with notable growth in the same month's tourism industry and support for retail sales. After deducting the impact of the new smart phone launch on the sales of durable consumer goods, retail sales ended October's decline, returning to a moderate year-on-year increase.

Looking ahead, the performance of retail sales in the near future will mainly depend on employment and income and the pace of expansion of the tourism industry.